3-66 the McCarran-Ferguson Act of 1945

question 15

Multiple Choice

3-66 The McCarran-Ferguson Act of 1945

• A)separated commercial banking from insurance activities.
• B)mandated federal insurance company charters.
• C)stipulated that insurance companies are to be regulated at the state level.
• D)initiated a national insurance guaranty fund.
• E)limited insurance company assets to low risk government securities.

---

Definitions:

Diversity

The presence of a wide range of different qualities, ideas, or elements in a group or environment.

Solar Energy

Energy from the sun that is converted into thermal or electrical energy.

Atmospheric Content

The composition of gases and particles that make up the Earth's atmosphere.

Rainfall

The precipitation of water from clouds in the form of droplets, crucial for replenishing freshwater systems and supporting terrestrial life.